earnings
confidence high
sentiment negative
materiality 0.70
Dynex Capital Q3 2023: $1.56 economic loss per share; book value drops to $12.25
DYNEX CAPITAL INC
2023-Q3 EPS reported
-$0.67
- Total economic loss of $(1.56) per common share; book value fell $1.95 to $12.25.
- Net loss to common shareholders of $44.97M ($0.82 loss per share); comprehensive loss $86.75M.
- Dividends declared unchanged at $0.39 per common share for Q3.
- Purchased $865.3M of higher coupon Agency RMBS; leverage at 8.5x equity.
- Amendment corrects June 30, 2023 investment and repo tables; no change to Q3 results.